An op-ed in the New York Times this month made the odd claim that credit card reward points programs are being paid for by the poor. In the piece, Stanford professor Chenzi Xu and graduate student ...

The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices. Opponents ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

If you’ve ever wondered why a local small business has a piece of cardboard taped to the register that says, “no credit cards under $10,” the reason is what’s called a “swipe fee.” For every credit ...

・The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard ...

At a time of cost-consciousness, some light is finally beginning to shine on a previously lesser-known factor that hikes prices on all goods that Americans purchase: swipe fees. And legislation in ...

A bipartisan group of lawmakers led by Rep. Lance Gooden, R-Texas, is pushing legislation that would significantly reform the credit card industry with the purpose of fostering greater competition, ...

According to recent NBC polling, 68 percent of registered voters believe the U.S. economy has spiraled into a recession. As consumers tighten their belts and families look for strategies to rein in ...

Marylanders are no strangers to the strain brought on by stubbornly high expenses. Our state’s cost of living remains 13% higher than the national average, so it’s clear we need action from Congress ...